📊 HOW MANY LITRES OF FUEL CAN THE NATIONAL MINIMUM WAGE BUY IN NIGERIA? ⛽🇳🇬
Olusegun Obasanjo Administration
1999
Fuel Price — ₦20/L
Minimum Wage — ₦3,000
Minimum Wage Could Buy — 150 litres
2007
Fuel Price — ₦75/L
Minimum Wage — ₦5,500
Minimum Wage Could Buy — 73.3 litres
Umaru Musa Yar'Adua Administration
2010
Fuel Price — ₦65/L
Minimum Wage — ₦5,500
Minimum Wage Could Buy — 84.6 litres
Goodluck Jonathan Administration
2012
Fuel Price — ₦97/L
Minimum Wage — ₦18,000
Minimum Wage Could Buy — 185.6 litres
2015
Fuel Price — ₦87/L
Minimum Wage — ₦18,000
Minimum Wage Could Buy — 206.9 litres
Muhammadu Buhari Administration
2019
Fuel Price — ₦145.35/L
Minimum Wage — ₦30,000
Minimum Wage Could Buy — 206.4 litres
2023
Fuel Price — ₦671.86/L
Minimum Wage — ₦30,000
Minimum Wage Could Buy — 44.7 litres
Bola Ahmed Tinubu Administration
May 2026
Fuel Price — ₦1,596.25/L
Minimum Wage — ₦70,000
Minimum Wage Could Buy — 43.9 litres
The purchasing power of Nigeria's minimum wage in terms of fuel has fallen sharply in recent years. While the minimum wage could buy over 200 litres of fuel in 2015 and 2019, it could buy fewer than 45 litres by 2023 and 2026, despite the increase in the nominal minimum wage.
#Statisense
"In 1987, American Express introduced platinum card for 5000 people, here is mine, they later introduced the Black card (Centurion card) in 1999 for 1000 people on the planet, here is mine. I had a viable business and while I don't regret going into Politics, it made me poorer." - Peter Obi, NDC Presidential Candidate.
@ayo_fatyo@PureMinD__ Last election was "na statistics we go chop?"
Now it's "sell his plans for the country to me like I'm a 3yo inquisitive child".
Guy, nobody is trying to convince you. Vote for your drug lord in peace.
We know what you are.
Bear in mind that all of these monies he made legitimately.
If we miss the chance to make him President next year to redirect the paths of this Nation, that’s the end.
In Fidelity Bank alone BEFORE HE BECAME GOVERNOR, Peter Obi’s 695,190,178 million shares @ ₦18 was worth ₦12.5B as far back as 2005!!!
$1 was ₦131 - that’s $95.42 million
Today,
$1=1,375
$95.42m x ₦1,375
= ₦131.20billion
I tell you what? PO is doing you and I enormous favour for running to make our lives better whether you like to hear it or not.
If anything, politics has made him poorer, there’s nothing else to be said.
Despite Three Years of Tinubu's Food Emergency, Nigeria hungriest ranking index declined to among the worst nations globally.
In celebrating his supposed successful three years in office, President Bola Ahmed Tinubu listed some achievements in the agricultural sector, firstly, his declaration of emergency on food security in July 2023, followed by the acquisition of 2,000 tractors and 9,000 farming implements, stated as Nigeria's largest agricultural mechanisation programme.
Yet the outcome of this has been the opposite. Nigeria's hunger index has worsened significantly. Nigeria's hunger index ranking was 103rd out of 123 countries surveyed in 2022/2023, and this figure had since worsened to 115th out of 123 countries surveyed in 2025/2026. Consequently, Nigeria is now classified among the world's most hungry or food-insecure nations in the world, with the World Bank forecasting that 33 million Nigerians could experience severe hunger.
In fact, Nigeria has the highest number of hungry people in the world.
I have always maintained that Nigeria have no reason to be seen among the hungriest nations in the world when we have fast, uncultivated land in the north, which is our greatest asset today.
We must transparently invest in Agricultural production, which will guarantee food security, but create huge employment.
A new Nigeria is POssible. -PO
Excessive Borrowing Without Accountability: Further Affirmation of Imprudent Governance.
President Bola Tinubu's administration has engaged in remarkably imprudent borrowing, escalating Nigeria's total debt to approximately N200 trillion. This represents an increase of over N100 trillion within a mere three years, a stark contrast to the roughly N49 trillion accumulated during President Muhammadu Buhari's eight-year tenure, which would have projected to around N80 trillion. As millions of Nigerians grapple with the shock of this unsustainable debt accumulation, the situation is exacerbated by the government's reckless approach to borrowing and a profound absence of accountability and transparency in the utilisation of these funds.
For instance, data from the Federation's Budget Office reveals that the Bola Tinubu government borrowed N11.89 trillion in the first three quarters of 2025 (January to September), exceeding the planned borrowing target of N10.34 trillion by approximately N1.54 trillion. Under a responsible and accountable government, such an overshoot would necessitate rigorous scrutiny and explanation from relevant governmental bodies. Regrettably, this is not the reality under the current administration.
Compounding this issue, only N3.10 trillion of the borrowed funds was allocated to capital expenditure during the same January-September 2025 period. This constitutes a mere 17.66% of the N17.58 trillion earmarked for capital projects, leaving a deficit of roughly N14.48 trillion, or 82.34% of planned capital expenditure unfunded.
The most disturbing aspect of the financial management fiasco under Bola Tinubu is that there is no explanation or information regarding how the balance was utilised or deployed. The question that Nigerians are rightly asking and deserve an answer to is what happened to the balance? Was it deployed for recurrent expenditure/ consumption, for the entertainment of guests to Aso Rock or transferred to the Renewed Hope Agenda 2027 Election Campaign Fund? Nigerians deserve an answer on how our economy and resources are most unpatriotically managed.
A New and Productive Nigeria is POssible, and Nigeria will be OK!
-PO
⚡️⚡️⚡️THROWBACK⚡️⚡️⚡️
Jonathan was officially sworn in as Nigerian President on May 6, 2010
By this time, Nigeria's worst form of insecurity was the Niger Delta militancy (recall that Yar'Adua had started the amnesty programme that was already a success)
4 months later on September 2010, he sacked the service chiefs (of course he felt they were not doing enough)
Remember that in 2010, the Chibok girls had not been kidnapped. In fact in 2010, Boko Haram was running for their lives.
Do you know how many people Boko Haram killed between July and October 2010?
EIGHT POLICEMEN
But in October, exactly one month after he sacked his service chiefs, Pastor Adeboye did not ask the service chiefs to "end militancy within 90 days or resign".
He petitioned Jonathan directly.
He planned to stage a one million-man protest
Adeboye wanted to stage a protest because Boko Haram killed less than 50 people
So any excuse daddy wants to give, I'm sorry sir, it's not an excuse.
I was alive in 2010, I saw what happened.
Nobody can gaslight me, not even my own father.